Ukraine's Finance Ministry borrows over UAH 1 bln on domestic market

The total hryvnia equivalent of the funds raised was UAH 1.157 billion at the forex rate of the National Bank.

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Ukraine's Finance Ministry has borrowed UAH 14.828 million (US$527,124), US$37.008 million and EUR 3.055 million for the national budget at the latest weekly auction to place government domestic loan bonds.

The hryvnia funds were raised through the placement of securities with 98-day maturity period and a weighted average yield of 19% per annum, while those in U.S. dollars – with 231-day maturity period and a weighted average yield of 7% and those in euros with 392-day maturity period and a weighted average yield of 4.6% per annum, according to the ministry's website.

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As reported, the total hryvnia equivalent of the funds raised was UAH 1.157 billion at the forex rate of the National Bank.

UNIAN memo. Government securities worth UAH 744.953 billion in principal debt were in circulation as of October 30. The National Bank of Ukraine currently owns bonds worth UAH 348.100 billion, or 47% of their total volume.

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